Mortgage Loans

Make your dream home a reality with Service First

Mortgage Loan Options

You need a home loan that's affordable and fits your goals. With a variety of options, competitive interest rates, flexible underwriting, and friendly service, we're here to lead you to your dream home.

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Conventional Fixed Rate

This is the perfect option if you like a fixed mortgage payment. The interest rate won’t change for the life of your loan, protecting you from the possibility of rising interest rates. Predictable monthly payments make budgeting easy.

  • Loan terms up to 30 years
  • Purchase or refinance
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Conventional Adjustable-Rate

This option allows you to establish equity quicker with a lower initial rate. Because the monthly payments are lower, you can qualify for more house. Your rate is not fixed and will adjust throughout the term of your loan depending on market rates.

  • Loan terms up to 30 years
  • Purchase or refinance
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couple with their dog as they move into their new home

Federal Housing Administration (FHA)

FHA home loans are designed to put the dream of homeownership within reach for people who might not meet the requirements for a conventional loan or have a sizable down payment.

  • Loan terms up to 30 years
  • Purchase or refinance
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Veterans Administration (VA)

This loan is best if you are a qualified military member and purchasing or refinancing a home. This is a fixed rate loan and is backed by the Department of Veteran Affairs.

  • Loan terms up to 30 years
  • Purchase or refinance
  • Little to no down payment options available
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Rural Development (RD)

If you’re looking to purchase a home in a rural community, this loan is the perfect fit. This loan is available to those who need financing for specific rural areas and is part of the USDA's Rural Development program.

  • Income limits apply
  • Fixed rate
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Construction

Are you ready to build your forever home? Our construction loan can help you do just that! With terms up to 12 months, you’ll be covered from pouring the concrete to move in. This loan offers fixed rates, and during the actual construction, you only have to pay interest!

  • Term up to 12 months
  • Fixed rate
  • Interest-only payments during construction
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man and woman hugging in their new home that is under construction

Lot

This loan is best if you are looking to purchase land for future residence construction. Your terms can go up to 10 years, and the payment rate will be fixed for the entire loan. Buy now and build later!

  • Term up to 10 years
  • Fixed rate
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a lot of land that has been cleared and is ready to build on

Jumbo

If you are looking for financial support outside of the conventional loan limits, then the jumbo loan is right for you. Terms can last up to 30 years, and you have the flexibility to choose between a fixed or adjustable payment rate.

  • Terms up to 30 years
  • Fixed or Adjustable rate
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Mortgage Loan Experts

Headshot of Lowell Groeneweg

Lowell Groeneweg

Mortgage Loan Officer 605-274-9129 NMLS #473246

Get In Touch

We’d love to connect with you! If you’d like to learn more about us or have a specific question you want answered, click below to start the conversation!

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